Trading during this bear market is quite challenging, the market can change and drop very easily.
That is why if as a day trader, they need to set more preparation to fave this market situation.
The first thing is by learning continuoisly. But in fact, the thing wil not go as well as the theory and consideration. Sometimes unpredictable increase or drop are happening. This lead the situation of trading changes very quickly and make us lost money.
In trading, we need to donat keast:
Doing research and analysis not only on the chart or indicators but also fundamentally and the outside factors influencing.
It is true that trading crypto during a bear market is much more challenging, because it is not as easy as trading in a bull market situation.
Actually, there are more traders who experience losses in bear markets, that's because not all traders have good experience and analytical skills.
That's why we should never be lazy to improve our analytical skills, so when a bear market, where the market is very volatile, we better understand
how to generate effective profits. Especially if we want to make money through day trading, it requires careful preparation, many things must be
taken into account. But if we already have good analytical skills, we can predict where the market will move, then which coins should we choose,
after that we can run the strategy that we think is effective. We must remember that the greater our efforts to prepare ourselves before deciding
to trade, the results obtained will not disappoint.